316 W Merchant St New Buffalo, MI 49117
4
Beds
3
Baths
2,268
Sq Ft
0.31
Acres
Highlights
- Water Access
- In Ground Pool
- Wooded Lot
- New Buffalo Elementary School Rated A
- Deck
- 2-minute walk to New Buffalo Beach
About This Home
As of May 2021PRIVATE POOL HOUSE- Nestled on a ravine overlooking a charming creek in the heart of New Buffalo. This 4 bedroom, 3 bath home features a huge eat in kitchen that looks out to the pool, hot tub, 2 living rooms, 2 story garage and beautiful grounds. Only a few blocks to downtown and the BEACH but it feels like it's in the country. This property has been a VERY successful VACATION RENTAL and is being sold completely furnished, totally turn-key, ready to use and rent. Buy now and capture all the rental income on the books for the 2021 summer season. This amazing property has a rental registration in place. $669,000
Last Agent to Sell the Property
RE/MAX Harbor Country License #6501314597 Listed on: 04/08/2021
Last Buyer's Agent
@properties Christie's International R.E. License #6​5​0​1​3​7​6​2​6​0
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,771
Year Built
- Built in 1940
Lot Details
- 0.31 Acre Lot
- Wooded Lot
- Back Yard Fenced
Parking
- 1 Car Detached Garage
Home Design
- Composition Roof
- Aluminum Siding
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- Living Room
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Water Access
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- Property is near a ravine
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2021
Closed on
May 28, 2021
Sold by
Quigley Jessica and Quigley Michael
Bought by
Bbq Rental Lllc
Seller's Agent
Tom Hemingway
RE/MAX Harbor Country
Buyer's Agent
Dan Brake
@properties Christie's International R.E.
List Price
$669,000
Sold Price
$675,000
Premium/Discount to List
$6,000
0.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,484
Avg. Annual Appreciation
5.87%
Original Mortgage
$472,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 8, 2021
Closed on
May 25, 2021
Sold by
Roberts Mary C and White Alison M
Bought by
Quigley Jessica and Quigley Michael
Seller's Agent
Tom Hemingway
RE/MAX Harbor Country
Buyer's Agent
Dan Brake
@properties Christie's International R.E.
List Price
$669,000
Sold Price
$675,000
Premium/Discount to List
$6,000
0.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 16, 2018
Closed on
Jun 22, 2018
Sold by
Higgins Bernard J
Bought by
Roberts Mary C and White Alison M
Seller's Agent
Tom Hemingway
RE/MAX Harbor Country
Buyer's Agent
Tom Hemingway
RE/MAX Harbor Country
List Price
$449,000
Sold Price
$460,500
Premium/Discount to List
$11,500
2.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%
Original Mortgage
$364,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 16, 2018
Closed on
Jun 1, 2018
Sold by
Higgins Bernard J
Bought by
Roberts Mary C and White Alison M
Seller's Agent
Tom Hemingway
RE/MAX Harbor Country
Buyer's Agent
Tom Hemingway
RE/MAX Harbor Country
List Price
$449,000
Sold Price
$460,500
Premium/Discount to List
$11,500
2.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2017
Sold by
Mcgee Raymond Paul
Bought by
Lopez Julian Aquino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 26, 2012
Sold by
Bjh Property Llc
Bought by
Higgins Bernard J
Purchase Details
Closed on
May 10, 2006
Sold by
Higgins Bernard J
Bought by
Bjh Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 2, 2006
Sold by
Bjh Property Llc
Bought by
Higgins Bernard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 27, 2005
Sold by
Higgins Bernard J
Bought by
Bjh Properties Llc
Purchase Details
Closed on
Jun 16, 2004
Sold by
Bjh Property Llc
Bought by
Higgins Bernard J
Purchase Details
Closed on
Jan 27, 2004
Sold by
Bernal Peter F and Peter F Bernal Living Trust
Bought by
Bjh Property Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.91%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 20, 2002
Sold by
Bernal Peter F and Bernal Lora B
Bought by
Bernal Peter F and Bernal Lora B
Purchase Details
Closed on
Feb 8, 1997
Purchase Details
Closed on
Jun 6, 1986
Purchase Details
Closed on
Jun 8, 1979
Similar Homes in New Buffalo, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $455,000 | First American Title | |
| Quit Claim Deed | $3,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | -- | |
| Deed | $190,000 | -- | |
| Deed | -- | -- | |
| Deed | $10,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $472,500 | New Conventional | |
| Previous Owner | $352,300 | New Conventional | |
| Previous Owner | $364,000 | New Conventional | |
| Previous Owner | $364,000 | New Conventional | |
| Previous Owner | $167,000 | New Conventional | |
| Previous Owner | $130,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $102,400 | Credit Line Revolving | |
| Previous Owner | $243,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $675,000 | +0.9% | $298 / Sq Ft |
| 04/08/2021 04/08/21 | For Sale | $669,000 | +45.3% | $295 / Sq Ft |
| 06/01/2018 06/01/18 | Sold | $460,500 | +2.6% | $203 / Sq Ft |
| 04/23/2018 04/23/18 | Pending | -- | -- | -- |
| 04/16/2018 04/16/18 | For Sale | $449,000 | -- | $198 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,198 | $404,100 | $0 | $0 |
| 2024 | $7,389 | $332,100 | $0 | $0 |
| 2023 | $7,099 | $318,500 | $0 | $0 |
| 2022 | $6,761 | $221,600 | $0 | $0 |
| 2021 | $6,855 | $193,600 | $53,700 | $139,900 |
| 2020 | $6,771 | $169,500 | $0 | $0 |
| 2019 | $6,688 | $132,400 | $28,300 | $104,100 |
| 2018 | $6,374 | $132,400 | $0 | $0 |
| 2017 | $6,640 | $162,000 | $0 | $0 |
| 2016 | $6,516 | $159,600 | $0 | $0 |
| 2015 | $6,498 | $143,800 | $0 | $0 |
| 2014 | $4,284 | $136,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Hemingway
Seller's Agent in 2021
Tom Hemingway
RE/MAX Michigan
(269) 469-5635
124 Total Sales
-
Dan Brake
Buyer's Agent in 2021
Dan Brake
@ Properties
(918) 605-4234
104 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21011392
APN: 11-62-0340-0104-00-5
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